FDC Financial Services

FDC Financial Services Ltd offers a financial planning service designed specifically for our clients. We pride ourselves in being able to offer it locally, in any one of 30 offices serving your community.

As a home grown Irish business serving our clients for over 40 years we are closely and uniquely connected to the concerns, demands and future plans of our clients. Consequently, we are proud to have become trusted advisors to the second and third generation of many clients.

FDC Financial Services today has one of the most highly qualified financial planning teams in Ireland with all our senior consultants being Certified Financial Planners.

A client focused approach ensures you are at the centre of every part of the financial planning process.

The Financial Planning Process

You Retain Control Its Your life; its Your financial plan

The process involves gathering relevant financial information, setting life goals, examining your current financial status and coming up with a strategy or plan for how you can meet your goals given your current situation and future plans.

Personal financial planning provides direction and meaning to your financial decisions. It allows you to understand how each financial decision you make affects other areas of your finances.

By viewing each financial decision as part of a whole, you can consider its short and long- term effects on your life goals. You can also adapt more easily to life changes and feel more secure that your goals are on track.

As part of the implementation phase of any financial plan we can advise on:

Mortgages

To assist you with one of the biggest financial decisions you will make during your lifetime and guide you in the right direction, our Mortgage Advisors are available locally to discuss your finance requirements.

We pride ourselves on providing professional mortgage advice to our clients. With access to a number of lenders, we will guide you through the mortgage process from start to finish.

Our experienced advisors will inform you about the current lending criteria and guidelines, the deposit requirements, the various interest rate options and much more.

Clients typically include:

First time buyers

Self-builds

Re-mortgages

Switchers

Buy to let mortgages

Holiday homes

Movers

Warning: Your home is at risk if you do not keep up payments on a mortgage or any other loan secured on it.

Warning: If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.

FDC Financial Services Ltd is regulated by the Central Bank of Ireland.

Saving and Investments

We advise on all investment options regardless of size, risk or term from lump sums to regular investment plans including education planning.

Retirement Planning

Retirement planning is a key part of any plan. We can advise on all the various types of plans whether you are self-employed, director or employee, how the tax relief works, projected income in retirement, investment options including self-administered pensions. For employees with pension benefits moving employers, we can advise on all available options.

Protection

Protection is a cornerstone of any serious plan. Should anything happen to me can my dependants survive financially? What happens if I become unable to work long term? How will I pay the mortgage? How would my business be affected by the loss of a key employee?

For business owners or individuals, our financial planning consultants quantify the effects of the above and implement strategies to mitigate the financial effects. We can advise on all life insurance and serious illness cover, income protection and inheritance tax plans.

Data Privacy Notice

This is the privacy notice of FDC Financial Services Ltd and tells you what we use your personal information for and explains your rights around how we use it. Please read this Privacy Notice to understand how and why we use your personal information. If you give us personal information about someone else, please make sure you have their permission and make them aware of this Privacy Notice, as it also applies to them.

FDC Financial Services Ltd complies with the requirements of the General Data Protection Regulation 2018 and the Irish Data Protection Act 2018. Should you have any queries, please contact Emily Collins, Compliance Officer.

Collection and Use of Personal Data

We use personal information to arrange transactions on your behalf as agreed with you, to service our customers, assist with claims and the payment of plan benefits. We must have a lawful basis to collect and use personal information.

Needed for Your Contract:

We need to collect and use your personal information to provide your plan contract. This includes, but is not limited to, your name, date of birth, contact and bank account details. Depending on the plan type this can include health, employment, pension and salary information. We restrict access to, and use of, any sensitive information. We also create new personal information.

Personal information needed for plan contracts is held and used to;

process your application;

set up and issue your plan;

provide you with information about your plan;

to help the administration of your plan and assist with payment of your plan benefits;

provide customer care and service; and

contact you to inform you of any relevant actions you may need to take.

Required by Law:

We use your personal information to comply with law and regulations such as;

reporting to regulators;

keeping proper books and records;

We carry out internal reporting, quality checking, compliance controls and audits to help meet these obligations.

We must collect certain personal information to comply with Anti-Money Laundering law. This depends on your plan type. To do this, we use your name, date of birth, address, PPS Number, nationality and occupation information.

Up to date proof of identification and address

Screening of all customers against Financial Sanctions and Politically Exposed Persons (PEP) lists

Where needed we carry out searches of publicly available information

You must give us your tax residence information and tax identification number for tax reporting with product producers. In order to give you information and updates on your plan, we use your plan and contact details. We use our customer personal information, including yours, to identify the target market for our regulated services.

In order to receive financial advice from us, you must give personal and financial information for your current and future needs to be assessed. This enables us to recommend the most suitable financial product for you. This also involves creating new and assumed personal information to comply with regulations. When you give us your personal information we will check to see if we already have a record of you. This helps us to comply with your Data Protection Rights.

Legitimate Interest

We use your personal information for our legitimate interests as shown below. This doesn’t affect your privacy rights. We believe these uses benefit our customers. You can contact us if you have any questions using the above contact details of this Privacy Notice.

Statistical Analysis

We combine and group personal information for analysis to help us understand our customers and develop better services for you.

We use summary information to help promote our services and products from our product providers.

Your Consent:

You need to give consent for us to collect and use personal information classed as sensitive or for certain uses of your personal information. You are given the choice to provide consent, or not. When we collect your consent, we will explain what we need it for and how you can change your mind in future.

Profiling;

Direct Marketing:

We would like to be able to contact you about offers and services from across our group of companies, separately from your plan communications. We will only send you direct marketing content where we have your consent. When you use our website you can consent to third party advertising. This shows you our ads where you have visited our website before or visited other websites offering similar products and services.

Sharing with Other Companies with whom we have business arrangements

We believe it may help you if we know whether you have products and services provided by other companies or if other services may be of interest to you. We will use this to provide you with your consent.

Consent and How to Withdraw Consent

If we process your personal information based on consent, you have the right to withdraw that consent at any time. The opt-out methods will depend on how the consent was collected and will be explained when you give us your consent, e.g. you can change your mind using the opt-out link in any direct marketing emails sent to you. You will also be able to withdraw consent by contacting us directly.

How and Where do we get your Personal Information

We provide us with your personal information directly when you contact us directly when you contact us, complete our forms, speak with us or visit our website, and social media accounts. For more information on what personal information is collected and used on our website please see our Website Privacy Policy. We also get personal information from solicitors, employers or regulators (where relevant).

We also create new personal information about you based on information you have given us and through your interactions with us such as noting your online preferences.

The categories of services that we use other Data Processors for include: IT Support, Marketing.

Trustees:

appointed in connection with the plan contract

Investment Service Providers:

We pass limited personal information to investment service providers where you want to access these services through your plan e.g. Stockbroker or Online Trading Platform.

Regulators:

Regulators and the Revenue Commissioners or as needed to comply with regulations and laws.

Other Companies:

We pass your personal information to third parties, including other companies within the Group, with your consent.

Do we transfer your Personal Information outside of the EU?

Your personal information is processed and stored within the EU.

How long do we keep your personal information for?

We keep and use your personal information for as long as you have a relationship with us. We also hold it after this where we need to for complaints handling, for system back-ups needed for disaster recovery and for as long as we have to under regulations. We will let you know how long we keep personal information for when you avail of a single or specific service such as a quote or a call-back.

What are your Rights?

You have a number of rights over your personal information which you can exercise free of charge by contacting us using the details in this Privacy Notice. You will need to give us information to help us identify you and we will respond to you within one month in line with current regulations. Any restrictions to your rights will be explained in our response.

Right to Information

You have a right to the information set out in this Privacy Notice. We will inform you of our updated Privacy Notice, if we change the type of personal information we collect and / or how we use it. We have controls in place to protect your personal information and minimise the risk of security breaches. However, should any breaches result in a high risk for you, we will inform you without delay.

Right to Restrict or Object

You can restrict or object to any unfair and unlawful collection or use of your personal information. You can object to any automated decision making that has a legal or similar significant impact for you and ask for the decision to be made by a person. You can withdraw consent and object to, for example direct marketing.

Right to Correct and Update

You can ask us to correct and update personal information we hold about you. Your plans are long terms contracts and to provide you with the best service it is important we have your up to date personal information, such as contact details.

Right to Delete and Be Forgotten

You can have your personal information deleted if it is incorrect or has been processed unfairly or unlawfully. If you have withdrawn consent you can ask for your personal information to be deleted. We will keep a record of your request so we know why your personal information was deleted. If we have provided a regulated product or service to you, we must keep your personal information for a minimum period by law.

Right to Portability

You can ask for a copy of all personal information that you gave us (including through your interactions with is), and which we hold in an automated format. You may also request us to send this personal information in a machine-readable format to another company. The format will depend on our ability to provide this in a secure way that protects your personal information. We will not likely be able to use a copy of your personal information sent to us in this way from another company. This is because we can only collect personal information that we need. We also need your most up to date personal information for underwriting and to comply with regulations.

Right to Access

You have the right to know what personal information we hold about you and to receive a copy of your personal information. We must tell you:

why we hold it;

who we pass it to, including whether we transfer it outside the EU;

how long we keep it for;

where we got it from; and

if we carried out any automated-decisions, and if so, the logic behind it and what it means for you.

This right does not allow you to access personal information about anyone else. To access your personal information please write to us using the contact details in this Privacy Notice. To help us respond as quickly as possible please let us know if you are only looking for copies of specific personal information.

FDC Financial Services Ltd, FDC House, Wellington Road, Cork

Tel: 021-4509022 Fax: 021-4509272

Email: emilycollins@fdc.ie

Updated: 24th May 2018

What you can expect

A clear strategy to help you meet your personal or business needs

A holistic plan taking all your financial needs into account

An investment solution that gets you to where you need to be

Professional, local advice and ongoing reviews to ensure you stay on track

A genuine partnership, working on your behalf

Where appropriate and as part of a multidisciplinary group, we liaise with our FDC Group colleagues, outside of Financial Services to provide a full-service offering.